International Road Dynamics Inc., a global leader in helping highway traffic run smoother, has been enjoying a heady ride on India’s highway building boom – but not without hitting some bumps.

IRD South Asia Private Ltd., a wholly owned subsidiary of Saskatoon-based IRD, which trades on the Toronto Stock Exchange, specializes in toll collection through manual services, semi-automatic operations (using smart cards) and fully automatic installations that use transponders mounted at tollgates to recognize, categorize and allow in vehicles through radio-tagged systems and stickers.

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